Final answer:
The statement is true; shared leadership inherently lacks the formal authority seen in traditional leadership models, as it relies on a collaborative approach to decision-making and the distribution of leadership roles amongst group members.
Step-by-step explanation:
The statement that unlike the traditional view of leadership, shared leadership lacks formal authority is true. Traditional leadership often involves a single leader who holds formal authority within a hierarchical structure. This individual makes decisions and directs group efforts from a position of established power. In contrast, shared leadership is characterized by the distribution of leadership responsibilities among the members of a group or organization. It relies on a horizontal approach to leadership, where formal authority is less pronounced and decision-making is more collaborative and democratic.
Examples of shared leadership can be found in organizations that emphasize teamwork and encourage open communication among all members, regardless of their formal position. In such settings, leadership functions like guiding, coordinating, and decision-making are exercised collectively, and authority is based more on expertise and contribution than on a formal title or rank.